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10:30, 1 Июля 14
Mechel Announces Results of Its Annual General Shareholders’ Meeting
 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its Annual General Shareholders’ Meeting was held.
The following key resolutions were adopted by shareholders at the meeting:
To pay no dividends on ordinary shares.
To pay a dividend of 0.05 rubles per one preferred share. The payment is due to be made by bank transfer over the period specified by Russian law.
To make the list of persons entitled to receive dividends on preferred shares on the date of July 11, 2014.
To allocate profit from past years as follows:
- dividend payment of placed Company’s preferred shares – 6,937,845.75 rubles (about $202,387.57);
- remaining profit of 90,416,010,077.27 rubles (about $2,637,573,222.79) leave undistributed.
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